In this article we study two problems about the existence of a distance don a given fractal having certain, properties. In the first problem, we require that the maps 7.Pi defining the fractal be Lipschitz of prescribed constants less than 1 with respect to the distance d, and in the second one, we require that arbitrary compositions of the maps /P.i be uniformly bi-Lipschitz of related constants. Both problems have been investigated previously by other authors. In this article, on a large class of finitely ramified fractals, we prove that these two problems are equivalent and give a necessary and sufficient condition for the existence of such a distance. Such a condition is expressed in terms of asymptotic behavior of the product of certain matrices associated to the fractal.
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